On the upside, some resistance can be seen at 16,800 levels while the near-term support is placed at 16,500, and then towards 16,400 levels, suggest experts. “Traders should look for stock-specific opportunities for the next couple of sessions and be vigilant on the market movement post the event,” Ruchit Jain, Lead Research, 5paisa.com, said.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,